fraservaley board area TOWNHOME-JULY 202
SALES TO LISTINGSRATIO 18% BALANCEDMARKET
▶ MARKETSUMMARY Therewere1,304 townhom elistingsin theFraserValey board areain July,1.7% below Juneand 84% higherthan July2021. Julytownhom esalesdecreased by35% m onth-over-m onth,to 235,and were51% below July 2021. Thesales-to-listing ratio fortow nhom esin theFraser Valey board area,at18% ,reflected abalanced m arket. Thetownhom em edian pricein Julywas$840,000,a 1.8% decreasefrom Juneand 15% aboveJuly2021. Theaveragesold pricewas$848,263,1.7% below last m onth;theaveragePSF salepricewas$534,down 4% to lastm onth.
AVERAGEPRICE
AVERAGE PSF PRICE ▲ 12% VS 2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 15% VS 2021
▲ 15% VS 2021
▲ 84% VS 2021
▼ 51% VS 2021
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No. 67% 479 710
% Change
No.
% Change
TOTALLISTINGS TOTALSALES
18% 235 1,304
12% 15% 15% -73% -51% 84%
27% 362 1,327
-4% -1.7% -1.8% -34% -35% -1.7%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$534 $848,263 $840,000
$559 $863,370 $855,000
$476 $735,585 $729,000
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● JUL 2021 ● JUL 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
1,246
1,304
1,327
924
1,082
710
628
623
552
514
508
438
416
479
362
512
320
447
445
409
391
376
360
235
290
200
$970K $950K $913K
$870K $930K
$870K $855K $840K
$765K $786K $824K
$729K $735K
FVREB
REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21% +
BALANCED 12 - 20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-L RATIO
600
45
4+ bdrms
335
500
400
132
3 bdrms
693
300
36%
200
57
24%
23%
2 bdrms
17%
17%
270
14%
100
3%
0
6 1
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
<2 bdrms
S-L RATIO SALES INVENTORY
13 3 23%
71 12 17%
354 84 24%
607 104 17%
185 26 14%
63 2 3%
11 4 36%
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